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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Macklin who wrote (14927)	7/28/1998 9:10:00 PM
From: jlallen	Read Replies (2) of 20681

Larry: I'm not the least surprised you feel I'm "ALL wrong". I stated some personal opinions about Fred based upon my personal observation. I tried not to comment upon happenings at the AGM because I wasn't there. I did comments upon things I personally observed and my opinion that share ownership is a BIG factor in keeping management interests aligned with shareholder interests. I said I could understand to a degree the second hand reports I had heard about Fred's behavior and I don't think my post was very complimentary in the ordinary sense. I think Larry that with all due respect you are an unapologetic cheerleader for management. That is your right. You are entitled to your opinion. Unless I woke up in Red China this morning I am also entitled to mine. JLA

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